About Olectra
Olectra is a company based in Hyderabad (India) founded in 2000.. The company has 1,620 employees as of March 31, 2024. Olectra offers products and services including Electric Buses and EHV Composite Insulators. Olectra operates in a competitive market with competitors including Proterra, Arrival, Lightning eMotors, Hyzon Motors and The Lion Electric, among others.
- Headquarter Hyderabad, India
- Employees 1620 as on 31 Mar, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
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Social
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- Legal Name Olectra Greentech Limited
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Annual Revenue
$210.51 M (USD)56.13as on Mar 31, 2024
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Net Profit
$16.24 M (USD)80.76as on Mar 31, 2024
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EBITDA
$30.84 M (USD)59.37as on Mar 31, 2024
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Latest Funding Round
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Investors
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Employee Count
1620
as on Mar 31, 2024
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IPO & Listings of Olectra
Olectra is a publicly listed company on the NSE with ticker symbol OLECTRA in India, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Olectra
Olectra offers a comprehensive portfolio of products and services, including Electric Buses and EHV Composite Insulators. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manufactures buses for public and inter-city transport with low emissions
Supplies insulators for power transmission and distribution networks
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Funding Insights of Olectra
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Olectra
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Olectra
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Olectra Comparisons
Competitors of Olectra
Olectra operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Proterra, Arrival, Lightning eMotors, Hyzon Motors and The Lion Electric, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Electric buses and charging systems are manufactured for fleets.
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| domain | founded_year | HQ Location |
Multi-category commercial electric vehicles, including buses and vans, are manufactured.
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| domain | founded_year | HQ Location |
SaaS management solutions for EV charging operators are provided.
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| domain | founded_year | HQ Location |
Developer of multiple categories of commercial vehicles
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| domain | founded_year | HQ Location |
Electric commercial vehicles including trucks and buses are developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Olectra
Frequently Asked Questions about Olectra
When was Olectra founded?
Olectra was founded in 2000.
Where is Olectra located?
Olectra is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
How many employees does Olectra have?
As of Mar 31, 2024, the latest employee count at Olectra is 1,620.
What is the annual revenue of Olectra?
Annual revenue of Olectra is $210.51M as on Mar 31, 2024.
What does Olectra do?
Olectra was founded in 2000 and is based in Hyderabad, India. Electric buses are developed by the company, including models such as K6, K7, and K9 variants equipped with lithium-ion batteries, ABS disk brakes, power-assisted steering, a 70 kmh speed capability, and temperature sensors. Insulators for electric transmission lines are also produced. Operations focus on the electric vehicle and power sector within India.
Who are the top competitors of Olectra?
Olectra's top competitors include Proterra, Arrival and Lightning eMotors.
What products or services does Olectra offer?
Olectra offers Electric Buses and EHV Composite Insulators.
Is Olectra publicly traded?
Yes, Olectra is publicly traded on NSE under the ticker symbol OLECTRA.
What is Olectra's ticker symbol?
The ticker symbol of Olectra is OLECTRA on NSE.